#RELIANCE TRADING AT IMPORTANT SUPPORT 990-988(20EMA) MORE WEAKNESS SEEN BELOW THIS LEVEL NEXT SUPPORT AT 974-977 STRONG SUPPORT @ 958.60 HOLDING SAME WILL BE GOOD BUYING OPPORTUNITY TARGET 999-1010
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#RELIANCE IND BREAKS LONG TREND LINE TRADING BELOW WILL WITNESS MORE WEAKNESS. STILL HOLDING THE STRONG SUPPORT AT 958.60 LOW MADE 960.50 CLOSE BELOW 958.60 WILL TEST 949.65-945
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Low made at 955.50 It needs to defend 958.60
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its trading above 958.60..will it close above this!?
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On June 27th as i mentioned CLOSE BELOW 958.60 WILL TEST 949.65-945 On 28th June low tested at 941.35 and closed at 944.70
The very next trading day On 29th June it comfortably closed well above 958.65 and gave buying opportunity Resistance seen at 990-1000
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1008.50 YESTERDAY HIGH BUY ABOVE 274.55 WITH STOP AT 958.65
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BUY TRADE WORKED! HIGH MADE AT 1005 AND CLOSED AT 995